Property profile

215 Capitol Ave Lansing, MI 48933

OFF-MARKET
Commercial real estate
Property ID
US43-1759064
0.2 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.2 ac (8,886 SF)
Zoning code G-1 BUS
APN 33-01-01-16-328-011
UPID US43-1759064

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Auto Repair Shop
  • Church

Location

215 Capitol Ave Lansing, MI 48933
Lansing metro Census 6700 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2019
3 recorded transactions
2024
Price N/A
2021
Price N/A
2019
$4.5M

Zoning & alternative use

G-1 BUS · Lansing, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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